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Global Trade Alert

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China: Export–Import Bank provides CNY 500 million loan to support COSCO Shipping Development's container export business

Description

On 5 May 2022, the Export–Import Bank of China announced that its regional Shanghai Branch provided a CNY 500 million (USD 75.5 million) loan to COSCO Shipping Development Co., Ltd. to "support the co...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

05 May 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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